Update on Nifty Spot

Diametric e-leg doesn't have any time restriction and likely price targets can be 6453 and 6378. Most likely it should complete somewhere close to 6453.  The structure is quite complex and needs confirmation.  Keep an eye on oscillator oversold situation.

Update

Derivatives data is not suggesting that expiry will be much above 6500 level, unless some major positive news comes up.  Keep an eye on the falling wedge kind of structure to see if any breakout happens otherwise Nifty may keep slowing keep drifting down painfully as long as it wants.

Update on Nifty Spot

OBV is highly Ovebought at this juncture in daily and weekly and prices are at the top of bollinger band.  prices may trade between  6330-6630  range for some time.  Stocks trading is much more reliable option.